Sagar Cements Ltd Board to consider Sub-Division (Split) of equity shares

A meeting of the Board of Directors of Sagar Cements Ltd will be held on July 01, 2021, to consider a proposal to sub-divide (split) the face value of the equity shares of the Company from Rs.10/- each into an appropriate amount and to make consequent amendments to the relative clause and article of the Memorandum and Articles of Association of the Company.

The above proposals are subject to further approval of the shareholders at their Annual General Meeting to be held in due course.

The Trading Window for the shares of our company will remain closed from June 15, 2021 till 48 hours after the announcement of the financial results for the first quarter ending June 30, 2021 by our Board at its meeting, the date of which will be fixed and announced in due course. Accordingly, all the designated employees, key management personnel, directors and other connected persons of the company and its subsidiaries are advised not to enter in to any transactions involving the shares of the company during the above said trading window closure period.

Shares of SAGAR CEMENTS LTD. was last trading in BSE at Rs.870.05 as compared to the previous close of Rs. 866.45. The total number of shares traded during the day was 3273 in over 505 trades.

The stock hit an intraday high of Rs. 879.95 and intraday low of 845.05. The net turnover during the day was Rs. 2821938.

Source : Equity Bulls

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